Tip: Take a couple videos of the place fully furnished before anyone moves in and send them as video tours to potential tenants on FurnishedFinder when they ask to see the place.

The insurance is higher along the coastal areas because of potential hurricanes but not bad the further north you go.  

I really like OKC but it has tornados that kind of prevent me from looking further. 

It's a great way to increase your net worth and these loans can also be used to pull cash out of a property as it appreciates allowing you to reinvest money into new deals.Happy to connect to discuss further. 

Appreciate any tips, insights, or experiences you can share to help guide me through this process!

These are good tips!  

Welcome to the community and be ready for a huge amount of information at your finger tips.

It's a great way to increase your net worth and these loans can also be used to pull cash out of a property as it appreciates allowing you to reinvest money into new deals.Happy to connect to discuss further. 

Also any tips for automating this as much as possible and how to protect the property financially and property management would be appreciated.I ALMOST understand the rental arbitrage strategy if building a company scaling with say 30 + units and looking for high short term cash flow.  

happy to dialogue further.